Designed for residential contractors, Homebuilders Builders Risk coverage protects all sizes of homebuilders – from community developers to regional builders to single location dwelling construction.
Coverage Highlights
Benefits
- Service-oriented account coordination and handling by a highly experienced team of construction underwriters
- Customizable coverage to address clients’ exposures, including catastrophe capacity for perils such as earthquakes, floods, and named windstorms
- Flexible reporting options and exposure basis depending on client needs
- Multi-year programs available
- Delay coverage available
From Start To Finish
Chubb Marine’s latest whitepaper, “A Start-to-Finish Overview of Risks in Building Master Planned Communities,” examines the many risks that can impact a project’s budget and completion, including property damage and destruction, construction material loss, weather-related losses, fire, theft and vandalism.
Coverage
Homebuilders Builders Risk coverage is available for:
- Individual Dwellings, Specific Community Projects or Master Reporting Programs
- Completed Dwellings Awaiting Sale or Closing
- Clubhouses, Common Areas and Amenities
- Model Homes, Sales Centers and their Contents
- Commercial Buildings, such as Schools or Strip Shopping if part of a Master Planned Community
- Trade-ins, Buybacks, Lease Backs, or Foreclosures
- Office and Construction Trailers and their Contents
- Infrastructure Development
- Vacant Lot Debris Removal
- Free Standing Appliances
Tailor Homebuilders Coverage To Your Individual Exposures
Unique to contractors that engage in the construction of single family dwellings, Homebuilders Builders Risk covers a wide range of developers & is customizable to exposures like flood, earthquake, and named windstorm.